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Indonesian tower operators expand business to meet demand

Monday 6 August 2012 | 04:15 CET | News
Indonesian telecommunication tower providers are speeding up their business expansion to meet growing demand. Tower Bersama has built 560 towers in H1 and plans to build a similar number in the second half. The company has also bought 2,500 towers from Indosat. Meanwhile, Sarana Menara Nusantara's subsidiary Protelindo has signed an asset-purchase agreement with Central Investindo and Mitra Karya Propertindo to buy of 200 tower sites, the Jakarta Post reports. Protelindo will buy the sites for IDR 376 billion and expects the deal to be completed by end-October. Furthermore, Solusi Tunas

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Categories: Mobile & Wireless
Companies: Indosat / Protelindo / Tower Bersama
Countries: Indonesia
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